"China Keqiao Textile Index" 20200511 textile price index closed at 104.08 points, up 0.02% month-on-month, down 1.01% from the beginning of the year, down 2.01% year-on-year.

China Textile City April transaction overview

According to the statistics monthly report: From January to April 2020, the cumulative volume of textile fabrics in the physical market of China Textile City was 433,450.55 million meters, down 6.48% year-on-year. Among them, from January to April, the cumulative total transaction volume in the traditional market was 36.1816 million yuan, down 2.49% year on year; From January to April, the cumulative turnover of international trade zones was 715.929 billion yuan, down 22.48% year-on-year. From January to April 2020, the online transaction volume of the textile market in China Textile City was 12.666.5 billion yuan, an increase of 1.44% year-on-year.

After the "May Day" holiday, the market of China Textile City rebounded slightly, including: raw material market prices fell slightly, grey cloth market prices rose slightly, clothing fabric market cloth prices rose slightly, and home textile products trading prices rose. Sales decreased slightly month-on-month, and the accessories market increased slightly.

The price of raw materials fell slightly, the price of polyester rose from the previous month, and the price of cotton yarn fell from the previous month

Monitoring shows that the current raw material price index closed at 78.17 points, down 0.36% month-on-month, down 3.79% from the beginning of the year, down 8.28% year-on-year.

1. The polyester market rebounded from the previous quarter, and the polyester market rose from the previous quarter

The current polyester raw material price index rose from the previous quarter. The mainstream price of PTA spot in East China is 3335-3345 yuan/ton, and the mainstream price of MEG is about 3475-3525 yuan/ton. Polyester chip market prices rose. - About 4625 yuan/ton. International oil prices continued to rise on expectations of a global economic recovery and an easing of the shortage of crude storage space in the United States. Oil prices continue to rise as the economy gradually restarts and crude production continues to decline. Driven by international oil prices, polyester raw material prices have also begun to rise. With the rise in the price of polyester filament, the price has risen, while production and sales have been interrupted for hundreds of days, which has supported the price of polyester raw materials and even polyester filament. At present, polyester filament has fallen to a very low position, and its own inventory pressure is not strong, and the price or the willingness to pull up is larger. The market price of polyester filament in Xiaoshao area rose from the previous month. The textile market is still determined by downstream orders. Lack of terminal orders, unable to keep up with the purchase schedule. The current increase in polyester yarn may also be short-lived, so it is difficult to push up the price of polyester grey fabric. In addition, from the current market feedback, if the price of polyester filament continues to rise, the terminal clothing demand will improve, or the upstream support will be strong enough. From the current situation, the rise in fabric prices is lagging behind, it is difficult to keep up with the rise, or because of the lack of orders.